Macroeconomic Policies in Indonesia

This book gives insight on the dynamics and route of economic policies that have been taken and implemented since the point of institutional reforms in 1998 that were triggered from the context of the financial crisis in 1997/1998. The condition brought a different paradigm on the landscape of economic and development policies, especially in the case of the monetary and financial structure, the international trade sector, the manufacturing sector, the taxes administration policy and the evolved context of decentralization and development of public sector policies in general.

Given state of current economic development, this book offers suggestions to address economic issues that require improvements. This book is unique as: 1) it is about Indonesia, a country mostly affected by 1997/1998 financial crisis, which also lead to a change in regime; 2) it covers a broad range of thematic topics on sectors development and institutional changes from major policies that have been taken; and 3) it posits both existing and future challenges on monetary and financial sectors, trade, manufacturing and competitiveness, as well as on development of decentralization policies.

Anwar Nasution graduated from the Faculty of Economics, University of Indonesia, in 1968. He obtained a Master's degree in Public Administration from the Kennedy School of Government, Harvard University, in 1973, and a PhD in Economics from Tufts University in 1982. Anwar was a member of the International Policy Advisory Group (Shadow G-20) in 2013, under the Chairmanship of Professor Jeffrey Sachs of Columbia University, the Dean of the Faculty of Economics at the University of Indonesia (1988–2001) and the Sasakawa Distinguished Professor for the Chair in Development Economics at UNU/WIDER Institute in Helsinki, Finland. He was consultant to UN-ESCAP, UN-ECLAC, US-AID, ADB, the World Bank, IMF and MITI of Japan. He was a visiting research fellow at NBER in Cambridge, MA, USA, IDE in Tokyo, the Research School of Pacific Studies at the Australian National University in Canberra and Kyoto University.